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Financing

Subway inks a new international development deal

 By Jonathan Maze on Mar. 19, 2024

The fast-food sandwich chain reached a deal with McWin Capital Partners to take over management of the restaurant brand in France, the Czech Republic, Luxembourg and Belgium.

Beverage

Subway is switching to Pepsi

 By Jonathan Maze on Mar. 19, 2024

The sandwich chain's U.S. restaurants will make the switch from Coke to Pepsi beverage products in the U.S. starting in 2025. Such moves among the biggest fast-food chains are rare.

Leadership

Chris Kempczinski to become McDonald's chairman

By Jonathan Maze on Mar. 19, 2024

The fast-food chain is combining the CEO and chairman roles for the first time in 20 years as longtime director and Chairman Enrique Hernandez steps down.

Leadership

Starbucks is making some big changes to its leadership team

By Jonathan Maze on Mar. 18, 2024

The coffee shop giant named Michael Conway CEO of North America while CMO Brady Brewer takes the helm at Starbucks International.

Marketing

So much for Starbucks' journey into the metaverse

By Jonathan Maze on Mar. 18, 2024

The coffee shop chain told customers late last week that it would end its Starbucks Odyssey NFT virtual restaurant loyalty program experiment "to prepare for what comes next."

Financing

Is Chili's cheaper than McDonald's? It's complicated

By Jonathan Maze on Mar. 18, 2024

Fast-food price increases have made price points between the two brands closer than ever. But there is a better comparison for the casual-dining restaurant chain.

Technology

McDonald's hit with a system outage in some parts of the world

By Jonathan Maze on Mar. 15, 2024

Restaurants in Japan, the U.K. and Australia were among those hit with an IT outage. The company says the issue is now being resolved.

Leadership

Sami Siddiqui named CFO of Popeyes parent Restaurant Brands International

By Jonathan Maze on Mar. 14, 2024

Jeff Klein will replace him as president of Popeyes in the U.S. and Canada. Thiago Santelmo was named president of international.

Financing

Subway's franchisee association signals a more aggressive stance

By Jonathan Maze on Mar. 14, 2024

The North American Association of Subway Franchisees said it has hired Robert Zarco, signaling a different tack in its relationship with the franchisor.

Food

McDonald's wants to serve a bigger burger

By Jonathan Maze on Mar. 13, 2024

The fast-food giant says it plans to test larger burgers in a couple of global markets to find an option that could work around the world.

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